Crypto scam mastermind gets 20 years for $73M pig butchering scheme
A US court sentenced Daren Li to 20 years in prison for leading a $73 million crypto pig butchering scam targeting American investors.
1872 articles
A US court sentenced Daren Li to 20 years in prison for leading a $73 million crypto pig butchering scam targeting American investors.
Industry groups and exchanges say the United Kingdom’s slow, overlapping crypto rules and compliance frictions are undermining its “global hub” ambition.
Ledger Wallet users will soon have access to OKX DEX directly, enabling non-custodial crypto swaps secured by hardware wallets.
Omnia allows users to trade any asset directly against any other 24/7, without restrictions on size or type.
The crypto market’s volatility is just “part of the game,” says Federal Reserve governor Chris Waller, who adds that traditional finance may have added to the recent market drop.
The sentence was handed down in absentia after prosecutors said the defendant cut off an ankle monitor and fled supervision.
Chainlink co-founder Sergey Nazarov says the recent crypto market downturn has inadvertently shown “how far the industry has progressed.”
Backpack founder Armani Ferrante says the company’s staff and investors won’t get an allocation at its upcoming token launch to avoid insiders “dumping on retail.”
The Ethereum co-founder sees crypto providing privacy rails, verification systems and economic layers to help decentralize AI and benefit society.
Fintech groups are pressing the Fed to loosen payment access for non-banks, setting up a clash with banks over risk and crypto exposure.
The banking acquisition follows a trademark filing for “MrBeast Financial” in October, which specifically mentioned “cryptocurrency exchange services.”
Patrick McHenry and Patrick Witt told CoinDesk Live at Ondo Summit that crypto law momentum grows, even as disputes over yield and ethics continue to sharpen.